BANGKOK -- The financial troubles at Thai Airways International, which were so deep it needed court-supervised rehabilitation, were caused by the national flag carrier's own management and workers ripping the company off, an investigation panel commissioned by Thailand's Ministry of Transport has found.
Transportation
Mismanagement and graft brought down Thai Airways: panel
Purchase of 10 Airbus enriched politicians and others but incurred $2bn loss
Thai Airways filed a petition to rehabilitate under the bankruptcy court's supervision in May. The coronavirus dealt a final blow to the long-mismanaged flag carrier. (Photo by Akira Kodaka)
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